The Business Research Company’s Pharmaceutical Chemicals Global Market Report 2024is the most detailed report available on the market, including broad forecast periods and multiple geographies. The reportcovers the historic period – 2010-2021, and the forecast period – 2024-2033. The Pharmaceutical Chemicals Global Market Report 2023evaluates pharmaceutical chemicals market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global pharmaceutical chemicals market is expected to grow from$129.54 billion in 2023 to $138.71 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to advancements in drug discovery, aging population, regulatory changes, increasing chronic diseases. The pharmaceutical chemicals market size is expected to see strong growth in the next few years. It will grow to $182.44 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.
The increasing prevalence of neurological disorders is expected to propel the growth of the pharmaceutical chemicals market. A neurological disorder is a condition that affects the central and peripheral nervous system, including the brain, spinal cord and nerves found throughout the human body. Pharmaceutical chemicals are used to formulate and create neurological disorder drugs that help treat pain and movement disorders. For instance, according to the 2023 Alzheimer’s Disease Facts and Figures report by Alzheimer’s Association, a US-based voluntary health organization providing Alzheimer’s care and support, about 6 million Americans are living with Alzheimer’s in 2023 and is estimated to rise to nearly 13 million by 2030. Further, Alzheimer’s and other dementias will cost the nation $345 billion in 2023, estimated to reach $1 trillion by 2050. Therefore, the increasing prevalence of neurological disorders drives the pharmaceutical chemicals market.
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The pharmaceutical chemicals market segments in the report are:
1) By Product Type: Solvents, Reagents Or Catalysts, KSMs Or Intermediates, Building Blocks For APIs Or Advanced Intermediates
2) By Drug Type: Proprietary, Non-Proprietary
3) By Application: Cardiovascular Disease, Neurological Disease, Oncological Disease, Respiratory Disease, Gastrointestinal Disease, Musculoskeletal Disease
The table of contents in TBRC’s pharmaceutical chemicals market report includes:
1. Executive Summary
2. Pharmaceutical Chemicals Market Characteristics
3. Pharmaceutical Chemicals Market Trends And Strategies
4. Pharmaceutical Chemicals Market – Macro Economic Scenario
5. Impact Of High Inflation On Market
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32. Global Pharmaceutical Chemicals Market Competitive Benchmarking
33. Global Pharmaceutical Chemicals Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pharmaceutical Chemicals Market
35. Pharmaceutical Chemicals Market Future Outlook and Potential Analysis
36. Appendix
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